Solarvalue AG shares up sharply on XETRA

Please remember Solarvalue is traded on the Frankfurt Stock Exchange Open Market, the rough equivalent to Over-the-counter (OTC) in the United States.

The volume is below 10,000 shares with less then €100,000 in turnover.

Also, at the Berlin Press Conference, Solarvalue announced an increase in share capital of €115,000 from €450,000 was currently underway. I translate this to mean a secondary offering in US stock market jargon.

This spike in Solarvalue shares was pointed out to me by Klammrot, a frequent commenter on the Blog.

GP View: While I am impressed with Solarvalue’s plans and team, Solarvalue is a very speculative investment. In the US stock market, I never invest in over the counter stocks.